Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project M Time: 0 1 2 3 4 5 Cash flow $2,900 $650 $780 $820 $900 $400 NPV $ Should the project be accepted or rejected? Rejected Accepted